Let’s start up with the current stock price of PennyMac Financial Services Inc. (PFSI), which is $57.08 to be very precise. The Stock rose vividly during the last session to $58.70 after opening rate of $57.36 while the lowest price it went was recorded $55.82 before closing at $57.16.
Recently in News on November 5, 2020, PennyMac Financial Services, Inc. Reports Record Third Quarter 2020 Results. PennyMac Financial Services, Inc. (NYSE: PFSI) today reported net income of $535.2 million for the third quarter of 2020, or $7.03 per share on a diluted basis, on revenue of $1.1 billion. Book value per share increased to $41.67 from $34.26 at June 30, 2020. You can read further details here
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PennyMac Financial Services Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $67.77 on 10/14/20, with the lowest value was $13.14 for the same time period, recorded on 03/18/20.
PennyMac Financial Services Inc. (PFSI) full year performance was 67.39%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, PennyMac Financial Services Inc. shares are logging -15.77% during the 52-week period from high price, and 334.56% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $13.14 and $67.77.
The company’s shares, operating in the sector of Financial managed to top a trading volume set approximately around 1006131 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the PennyMac Financial Services Inc. (PFSI) recorded performance in the market was 67.69%, having the revenues showcasing 12.36% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 4.20B, as it employees total of 6019 workers.
Market experts do have their say about PennyMac Financial Services Inc. (PFSI)
During the last month, 6 analysts gave the PennyMac Financial Services Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 1 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 53.26, with a change in the price was noted +17.22. In a similar fashion, PennyMac Financial Services Inc. posted a movement of +43.20% for the period of last 100 days, recording 735,890 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for PFSI is recording 3.18 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.60.
Technical breakdown of PennyMac Financial Services Inc. (PFSI)
Raw Stochastic average of PennyMac Financial Services Inc. in the period of last 50 days is set at 40.95%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 79.85%. In the last 20 days, the company’s Stochastic %K was 80.32% and its Stochastic %D was recorded 77.87%.
Bearing in mind the latest performance of PennyMac Financial Services Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 67.69%. Additionally, trading for the stock in the period of the last six months notably improved by 69.98%, alongside a boost of 67.39% for the period of the last 12 months. The shares increased approximately by 2.04% in the 7-day charts and went down by 6.89% in the period of the last 30 days. Common stock shares were driven by 12.36% during last recorded quarter.